Tuesday, April 30, 2013

Yavneh Freezes Tuition (except for additional $250 security fee)

I am writing to report that Yavneh Academy’s Board has
approved the budget for the upcoming 2013-14 fiscal year.

As a result of hard work and cooperation by Rabbi Knapp,
Joel Kirschner, our Finance committee and its Chair; Adam Fried, we have once
again struck the right balance between educational excellence and
affordability.

In recent years, Yavneh has led the community effort to
reign in spiraling tuition costs. Yavneh broke historic ground by being
the first local Yeshiva Day School to cut tuition in 2011. Last year, we
instituted a significant cut in Early Childhood tuition, a more modest cut for
K-5, and a tuition freeze for grades 6-8.

We are pleased to announce that there will be no tuition
increase for 2013-14. The tuition freeze will be school wide.

We were able to achieve this, not only because of our
fiscal responsibility, but because of a robust increase in our projected
enrollment for next year, despite the expanded number of Jewish educational
options in our growing community.

Events of the past year have unfortunately reminded us that
we must always be vigilant when it comes to the safety of our children. As
such, weare instituting a $250 security fee per family. This fee
is reflective of the times in which we live. This money will be specifically
earmarked for staffing and technological and capital enhancements that will
further ensure the safety of our students and will enable us to work
cooperatively with our recently formed Security Committee in continuing to
safeguard our children's security and well being

Great things are happening at Yavneh, and I encourage you
to get involved in your children’s school, not only for their benefit, but for
the benefit of generations to come. We look forward to seeing you at Yavneh’s
annual meeting on May 6th.